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Here's Why InMode Stock Was Up 197% Last Year

Here's Why InMode Stock Was Up 197% Last Year

Shares of medical company InMode (NASDAQ: INMD) were up 197.3% in 2021, according to data provided by S&P Global Market Intelligence. InMode makes medical devices that emit radio frequencies, a minimally and (in some cases) non-invasive way to perform types of plastic surgery and skin care, among other things. In 2020, InMode generated record revenue of $206 million, which was up 32% from 2019 despite challenges from the COVID-19 pandemic.